Net Worth: $400 Million

About Arash Ferdowsi

Arash Ferdowsi is an internet entrepreneur with an estimated net worth of $400 million. Ferdowsi is the co-founder and CTO of Dropbox with billions of dollars vested into the company. Ferdowsi attended Massachusetts Institute of Technology where he dropped out in his last year to focus on Dropbox along with co-founder Drew Houston who is currently worth $1.2 billion according to forbes. In September 2007 Ferdowsi moved his company to San Francisco having attracted one of silicons largest investment and venture capital firms like Sequoia Capital, Accel Partners, Y Combinator, and many individual investors. He currently ranks among one of the richest people in Iran as the 17th richest person in the country having less ownership of the company then his co-founder Drew Houston who has three times the share of Dropbox then Ferdowsi. According to the richest Ferdowsi ranked in the 10th spot on the Top 10 Richest People in the World Under 30 after creating Dropbox which is an installable program that lets users save files online and access it from any computer they are using as long as that PC has Dropbox installed and they can log into their account. The company was very innovative and made a fortune that currently possesses around 200 million users, which is 10 times that of its 2010 user base, along with four million businesses who are paying users. An estimated 4% of Dropbox’s users in 2012 were paying users. Dropbox is believed to have generated over $200 million in 2013, up 20-fold from the $12 million it was generating in 2010. Arash Ferdowsi has potential to increase the company’s stock price by increasing the company’s sales and offering more product through Dropbox in order to increase it’s revenue and overall increase the worth of his stock to $1 billion in the future of the tech giant. He is a future billionaire.